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According to Techub News, as reported by Zhitong Finance, Fushi Financial (02263.HK) announced that its indirectly wholly-owned subsidiary, Jiafuda Securities Limited, submitted an application to the Hong Kong Securities and Futures Commission on July 25, aiming to provide virtual asset trading and consulting services as an intermediary under the Securities and Futures Ordinance ( Hong Kong Laws Chapter 571 ) Type 1 ( regulated activity license.